ales: 0 annual results

Thales: 2013 annual results

Thales: 2013 annual results

Wed, 19/02/2014

The Board of Directors of Thales met today to close the financial statements for 2013[1]. Commenting on the results, Jean-Bernard L vy, Chairman & Chief Executive Officer, said: In 2013, Thales achieved a substantial improvement in operating profitability and a very strong growth of order intake in emerging countries. These results are a very encouraging first step. Despite a persistently unfavourable environment on Western defence markets, our results confirm our ambition to return to profitable growth, based on competitiveness efforts, a stronger international presence and the mobilisation of a unique set of capacities.

Order intake: 14.17bn, an increase of 7%

Sales: 14.19bn, stable

EBIT[2]: 1,003m, an increase of 8%

Adjusted net income, Group share2: 644m, up 13%

Adjusted net income per share2: 3.20, up 12%

Dividend per share: 1,12, up 27%%

in millions of euros

2013

2012

Total

change

Organic change[3]

Order intake

14,168

13,285

7%

10%

Order book[4]

29,527

29,849

-1%

0%

Sales

14,194

14,158

0%

3%

EBIT2

in % of sales

1,003

7.1%

927

6.5%

8%

11%

Adjusted net result, Group share2

644

570[5]

13%

Adjusted net income per share2

3.20

2.865

12%

Net result, Group share

573

5865

-2%

Dividend per share

1.12[6]

0.88

27%

Free operating cash-flow2

466

669

Net cash

1,666

1,528

Thales's results for the full year 2013 will be disclosed on Wednesday, 19 February 2014 at 5:45 pm (CET) and will be commented by the Chairman & CEO Jean-Bernard L vy and the SEVP Finance & Information Systems Pascal Bouchiat in a conference call held later on, at 6:30 pm (CET).

We are pleased to invite you to participate in this conference call in English:

Wednesday, 19 February 2014 at 6:30 pm (CET)

Dial-in number from France: 33 (0) 1 70 77 09 35

International dial-in number: 44 (0) 203 367 94 53

It will be also possible to follow the conference call through a webcast by using the following link: http://www.media-server.com/m/p/utm3p4oo.

If you are unable to listen to the call live, a digital replay will be available 12 hours after the end of the conference call and will remain available for two weeks. To access the replay, please dial 33 (0) 1 72 00 15 00 or 44 (0) 203 367 94 60 (code 284 728 #).

Contacts

Media Relations

Matt Pothecary,

Alexandre Perra

33 (0)1 57 77 86 26

pressroom@thalesgroup.com

Analysts / Investors

Jean-Claude Climeau,

Romain Ch rin

33 (0)1 57 77 89 02

ir@thalesgroup.com

[1] On the date of this release, the account audit procedures were completed and the certification report is in the process of being issued.

[2] Non-GAAP measure, see definition in appendix.

[3] Organic means at constant scope and exchange rates .

[4] In 2013, the Group revised the rules for valuing the order book, especially in civil avionics, so that the approach provides a better reflection of the economic reality.

[5] Restated to take into account the application of the IAS19R accounting standard.

[6] Total amount proposed to the AGM on 14 May 2014, including the interim dividend of 0.27 paid in December 2013.

LINK:	https://www.thalesgroup.com/en/worldwide/group/press-release/thales-20...
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